Smartleaf Asset Management LLC Raises Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Smartleaf Asset Management LLC boosted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 33.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 440 shares of the business services provider’s stock after buying an additional 110 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Booz Allen Hamilton were worth $56,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BAH. Peterson Financial Group Inc. acquired a new position in shares of Booz Allen Hamilton in the third quarter worth $31,000. Bogart Wealth LLC raised its stake in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 155 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $31,000. Roxbury Financial LLC purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $35,000. Finally, Berbice Capital Management LLC acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $39,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BAH shares. JPMorgan Chase & Co. decreased their target price on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Wells Fargo & Company dropped their target price on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target on the stock. Finally, Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton currently has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Price Performance

BAH opened at $112.51 on Tuesday. Booz Allen Hamilton Holding Co. has a 52-week low of $101.82 and a 52-week high of $190.59. The company has a 50 day moving average of $125.17 and a two-hundred day moving average of $145.08. The company has a market cap of $14.25 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. On average, analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.96%. Booz Allen Hamilton’s payout ratio is 32.79%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.